grubstake


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grubstake

[′grəb‚stāk]
(mining engineering)
In the United States, supplies or money furnished to a mining prospector for a share in his discoveries.
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The Grubstake Breakfast, sponsored by the Business Alliance of George Mason University, is the Mid-Atlantic's longest running networking and investors forum.
The Grubstake Breakfast program is a partnership activity with George Mason University.
The grubstake needed to buy land, animals, tools and equipment.
The initial program of mapping, prospecting and sampling is now completed on the most northerly of the two properties in Quebec/Labrador acquired from the grubstake syndicates, as previously announced.
Topics covered include the grubstake, finding land, temporary shelters, and many interesting and valuable anecdotal references to home design and construction.
I've put a lot of thought into the question about getting started without a grubstake.
The Company's participation as an investor in a grubstake syndicate will lead to Diadem acquiring promising mineral targets for more detailed exploration on its own account.
Part of the distribution of the shares will be made to exercise the company's May, 1993 option on certain properties owned by the Rainy River Grubstake Syndicate in exchange for the prospectors and the Syndicate's interest in its mining claims.
I suppose I'm actually writing about "How you can get a grubstake together--without having a high-paying job or being rich to start with.
The vast majority of us modern home-steaders will have to be more conventional than this--which means you need savings, grubstake, nest egg, etc.
My "bromide" answer to the question of how to get started without a grubstake is this: You have to want the land more than anything else money can buy--more than a new car, new clothes, cigarettes, disposable diapers, bowling, a vacation, renting a video or going to a movie, more than Kellogg's Corn Flakes or other brand name, high priced items at the grocery store, more than buying nice (expensive) Christmas presents for your kids--more than anything else money can buy.
Some suggestions that might help you get your own grubstake started: In addition to starting homesteading now (read everything, learn and develop homestead skills, can your own food, practice frugality, etc.